:) thanks. but those two charts are not to the point.

CPI has been manipulated in last 20 years. Check shadowstats.com. The graph is useless.

DOW to gold ratio will need to go to 2:1 and even 1:1, now is at 8. In order to reach parity, Dow has to drop to match gold price. Or gold has to rise dramatically to match Dow. when that drama to happen is anyone's guess. At this time, calling gold peak is not accurate, in my opinion.

But that is not the point, the point is Developed nations have tremendous amount of debts. The debts bubbles,e.g.. US bond bubble is the largest in the human history.Selling gold at this time means there is no asset protection against bubble bursting.

I guess you may need to continue to do research to understand why owning gold in a portflio is required.